Cyprus-based Match-Prime announced on Thursday that forex and CFDs broker, ArgusFX, has tapped its services as a liquidity provider.
ArgusFX’s offerings include liquidity in non-deliverable currencies through CFDs. The latest partnership with Match-Prime will ensure deep liquidity for more than 1,000 instruments that include equities as well.
“Our customers can choose from a wide range of products, such as classic forex, commodities, stocks, cryptocurrencies, equity indices and equities,” Christos Drakos, Executive Director of ArgusFX, said. “That’s why we were looking for a partner rather than a provider; trustworthy and flexible to help us adapt to market changes. We decided on Match-Prime, and I must say that it was a good decision.”
Meeting Liquidity Needs
Match-Prime launched its liquidity services at the end of 2020 and is operating with a Cyprus Investment Firm (CIF) license. It is targeting professional clients and licensed entities offering services under a Prime of Prime model.
Being a new player in the market, the company entered the industry with aggressive rates to undercut its established competition. Earlier this year, retail broker Skilling added the company as a liquidity provider, Finance Magnates reported.
Andreas Kapsos, CEO at Match-Prime Liquidity, said: “I am thrilled that our strategy of not only being a liquidity provider but becoming a business partner for brokers brings results in the form of acquiring such a brand as ArgusFX, recognized by every forex trader.”
“What concerns most of our clients is whether our technology will allow them to react quickly to changes in the market by adding new and unusual instruments. That’s also what ArgusFX was looking for. I’m glad we’ve met their expectations, and they’ve trusted us enough to become our client. I’m sure we have long and fruitful cooperation ahead of us.”
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